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Nvidia CEO Says America Should Fear AI Ban More Than China’s AI

KEY POINTS

  • Nvidia CEO Jensen Huang said on July 21 that U.S. companies should use Chinese AI models despite political pushback.
  • Huang argued that Moonshot AI’s Kimi K3 model’s low price and open access will actually grow demand for AI hardware.
  • Treasury Secretary Scott Bessent warned about potential sanctions for intellectual property theft in Chinese AI models.

On July 21, 2026, Nvidia boss Jensen Huang dropped the mic in Fort Worth, Texas, dismissing U.S. panic over Chinese AI models like Moonshot’s Kimi K3—an open-source triple-threat boasting near-frontier prowess, bargain prices, and open weights for hacking. While Trump’s folks and Nvidia’s own customers, OpenAI and Anthropic, scream “AI theft!” Huang calls that fear bonkers, claiming these models actually boost chip sales and security. He even mocked the idea China could 'run U.S. companies off the road.' Meanwhile, Treasury Secretary Scott Bessent threatens sanctions over “watermarked” IP theft. But Huang says ‘distillation’—basically corporate plagiarism—is intelligence’s DNA. Anthropic’s ‘Claude Mythos’? Should be public, not locked under glass, he insists. So no biggie—just the world’s most expensive nerf fight over who owns AI's magic sauce.

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Source: Axios | Published: 7/22/2026 | Author: Zachary Basu

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